They (and their agent) always think they've been taken to the cleaners but then they don't have to dump $40 or $50k into fixing up their precious asset.

Realtors are a valuable asset to have in this world.

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net worth is the difference between assets and liabilities.

Your current perspective will either cripple your success or it will propel it.Just make sure that you have your greatest asset (YOU and YOUR MIND) working for you and not against you.To get back to your original question, I think that most investment strategies will still work in any market but you have to properly structure your numbers with a full understanding of what your market is doing.

Landlord is littlebit crazy kind (On one occasion when I complained about some minor issues he started shouting and screaming over the phone with lots of F*** words since then I actually stopped communicating to him) and I think I may have to involve authorities, if that stage is reached where should I complain or should I just get the help of attorney.In any case I would appreciate your response and help in my problem.thanks in advance,Rental7

Another meaty bone Uncle Sam throws investors is by way of Tax Code Section 163, which allows investors to write off interest on debt used to finance investment asset!

I'm just now getting started in the Real Estate movement and really can't wait to start building my personal asset and wealth.Wendle Mc :groovy:

--------------I am not the Author.

If you sell an asset in less than a year from buying it, then your profits will be taxed as ordinary income (at whatever your tax rate is for your income).